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Company Interview / Market Update | Web Travel, Bendigo and Adelaide Bank, Ramsay Health Care, Iress, Lynas

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Market Update | Web Travel, Bendigo and Adelaide Bank, Ramsay Health Care, Iress, Lynas

Company Interview25 Nov, 2025

Web Travel has posted a record first-half and says it's on track for a record FY26. WebBeds drove the result with EBITDA up 21% to $94 million -- as bookings rose 18% and revenue climbed 20%.

Bendigo and Adelaide Bank has disclosed shortcomings in its anti-money laundering and counter-terrorism financing controls -- following a review by Deloitte.

Ramsay Health Care shares are rising after it tipped higher earnings for FY26. However the country's biggest hospital operator says rising costs and insurers’ reluctance to increase funding continue to make operating conditions challenging.

Iress has responded to media speculation regarding a potential acquisition. Saying it has no basis to confirm the statements made in The Australian in relation to a potential price and exclusivity terms.

Lynas has reported a power supply at its Kalgoorlie facility and is urgently assessing off-grid power solutions. Lynas says the production of finished goods at its Malaysian facility will be affected and is estimating a shortfall equivalent to one month's production this quarter.

SRG Global has secured $650 million in work across Australia and New Zealand, winning new and repeat contracts in water, defence, transport, energy, industrials, resources, health, and education.

Pexa has poached Web travel group CEO Tony Ristevski. He will now become Pexa's CFO in June 2026. He previously worked with Computershare internationally. And the CEO of building manufacturer Fleetwood is stepping down effective today. No detailed reasons have been provided yet, but the board says it is part of a commitment to ensure "the Company's long-term success and alignment with strategic priorities"

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Market Update | Web Travel, Bendigo and Adelaide Bank, Ramsay Health Care, Iress, Lynas - Ausbiz Capital